Lanzhou Huanghe Enterprise Balance Sheet Health
Financial Health criteria checks 4/6
Lanzhou Huanghe Enterprise has a total shareholder equity of CN¥947.4M and total debt of CN¥3.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.1B and CN¥161.4M respectively.
Key information
0.3%
Debt to equity ratio
CN¥3.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥362.11m |
Equity | CN¥947.44m |
Total liabilities | CN¥161.43m |
Total assets | CN¥1.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000929's short term assets (CN¥780.8M) exceed its short term liabilities (CN¥157.1M).
Long Term Liabilities: 000929's short term assets (CN¥780.8M) exceed its long term liabilities (CN¥4.3M).
Debt to Equity History and Analysis
Debt Level: 000929 has more cash than its total debt.
Reducing Debt: 000929's debt to equity ratio has reduced from 7.3% to 0.3% over the past 5 years.
Debt Coverage: 000929's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000929's interest payments on its debt are well covered by EBIT.